Multnomah County, OR Housing Market Brief
county · OR · as of May 2026
What is Multnomah County, OR’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Multnomah County, OR in its market cycle?
Multnomah County, OR is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
Multnomah County, OR housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $538K | ▼ -0.4% |
| Median Days on Market | 11 days | ▼ -8.3% |
| Months of Supply | 2.8 | ▼ -9.7% |
| Homes for Sale | 2,437 | ▼ -12% |
| Homes Sold | 864 | ▼ -2.5% |
| Median Price / Sq Ft | $320 | ▲ +0.7% |
| Sale-to-List Ratio | 101.0% | ▼ -0.1% |
How has Multnomah County, OR’s Alpha Score moved?
Markets like Multnomah County, OR
- Napa County, CA, CAcounty35
- Douglas County, WA, WAcounty36
- King County, WA, WAcounty35
- San Benito County, CA, CAcounty34
- Douglas County, OR, ORcounty35
- Santa Cruz County, CA, CAcounty36
- Barnstable County, MA, MAcounty33
- Clackamas County, OR, ORcounty36
- Polk County, OR, ORcounty34
- Snohomish County, WA, WAcounty32
Frequently asked questions
Is Multnomah County, OR a buyer's or seller's market?
As of May 2026, Multnomah County, OR is classified as a Buyer's Market, based on its Alpha Score of 36 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Multnomah County, OR?
The median sale price in Multnomah County, OR is $538K, having held roughly steady over the past year.
How affordable is Multnomah County, OR?
Multnomah County, OR scores 3 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Multnomah County, OR's Alpha Score?
Multnomah County, OR's strongest dimension is Inventory Health (52/100) and its weakest is Affordability (3/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Multnomah County, OR? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.